Elly, Michael, David, Tawra and BJ


Thursday, May 19, 2005

How to have a garage sale

How to have a garage sale

Your objective is to make money while getting rid of stuff in your house.
Here are some tips to make the most of your garage sale.

The spring is the best time to have a garage sale. After a long winter people are ready to get out and find some good deals.

1. Have as many signs as possible. Put one on every major corner, on the corner to house and any needed in between. If it is more than ½ mile from the corner to your house put some signs in between. You really can not make enough signs. Make your signs large!! At least 12 inches but 18-24 is much better. Make it contrasting colors. Black and white are best but other colors such as coloed paper with black will work well. A black permanent marker works best. Be sure to put your address AND an arrow pointing the direction to your house. Make all your signs out of the same material. ie. all of them make of cardboard with white painting. That way people will know it’s your garage sale and know which signs to follow.

2. Check and see if any of your local papers or thrifty papers have free garage sale ads. Put one in if they do.

3. Clean out everything you can so you can have as large as sale as possible. If you don’t have enough stuff to make big enough sale then ask friends, family or neighbors to have one with you. Also give all of your neighbors a flyer telling them when you are having a sale and ask if they would like to have one also. The more sales in one area the more people will come to your sale.

4. Price you stuff LOW. There is nothing more frustrating than going to a garage sale and you can purchase the items brand new on clearance for the same price, even if it is “Baby Gap”. Name brands can let you get by with a little higher prices. I would recommend pricing really nice kids clothes no higher than $1 each and clothes that have stains or are not name brand at .50 or less. Socks and underwear shouldn’t be higher than .10 each. You may think that these prices are too low but please remember than you are getting rid of stuff!! You don’t want to bring it back into the house. You will also get a lot more sales if you prices are reasonable which means more in the long run. If you sell 15 $1 items or you sell 200 @ .25 each ($50 total) you will make much more if you sell the less expensive items. A good rule of thumb is price items a maximum of 10% retail price.
By the way, people who go to yard sales really don’t care if it’s brand new in the box and you paid $80 for it so you “have” to get $50 for it. It has been sitting in your house for who knows how long so you aren’t getting your money’s worth anyway. Price it for $5 and get rid of it!

5. Expect people to ask you to come down on the price. If you feel your prices are very reasonable then don’t come down, but remember you are trying to get rid of stuff so don’t put to high a value on it. If someone asks you to come down on a price and you aren’t ready to at that point ask for their name and number and tell them you will call them if it hasn’t sold and you want to sell it to them at that price.

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